Home>Mutual Funds>Mirae Asset Mutual Fund>Mirae Asset Savings Fund Regular Savings Plan Growth

Mirae Asset Savings Fund Regular Savings Plan Growth

Debt
Low Duration
Low to Moderate Risk
3.79%
1Y return
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 05 Aug 2021₹1,806.18
Min. SIP Amount₹1,000
Rating3star
Fund Size₹1,112.53 Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become 0 (0.00%)

Returns and rankings

Category: Debt Low Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.8%5.7%5.9%6.7%
Category average5.6%4.8%5.7%NA
Rank with in category171416NA
Understand termsinfo

Holdings (63)

NameSectorInstrumentAssets
ICICI Securities Ltd.FinancialCP4.4%
Axis Bank Ltd.FinancialCD4.4%
Axis Finance Ltd.
FinancialCP4.0%
Hindustan Petroleum Corporation Ltd.EnergyDebenture3.7%
GOI
SovereignGOI Sec3.7%
Larsen & Toubro Ltd.ConstructionCP3.6%
Reserve Bank of India
FinancialT-Bills3.5%
Karnataka State
OthersSDL2.4%
NTPC Ltd.EnergyNCD2.3%
Housing Development Finance Corpn. Ltd.FinancialDebenture2.2%
See All

Pros and cons

Category: Debt Low Duration

Pros

  • Age is more than 10 years
  • 3Y Returns are higher than the category average returns
  • 5Y Returns are higher than the category average returns
  • Exit load is zero

Cons

  • 1Y Returns are lower than the category average returns

Expense ratio, exit load and tax

Expense ratio: 0.92%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand termsinfo

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Mahendra Kumar Jajoo
Sep 2016 - Present
View Details
keyboard_arrow_down

Fund house & investment objective

keyboard_arrow_down

Fund house contact details

keyboard_arrow_down

Compare funds

Mirae Asset Savings Fund Regular Savings Plan Growth
VS
Add mutual fund to compare
Loading...
ⓒ 2016-2021 Groww. All rights reserved, Built with in India